How does one estimate private net benefits?
Private net benefits is another way of saying, the “adoptability” of the works that would be needed to achieve your goal for the asset. The adoptability of works needs to be considered carefully. Here we are concerned with scoring the attractiveness of the required works and on-ground actions to the target group of potential adopters, recognising that there will be variation due to individual perceptions and circumstances. Strategies that could assist you to assess adoptability include: reviewing the existing literature about the farm-level economics of proposed land-management changes in the relevant areas; considering the available land-management options in the light of research evidence about the adoptability of different practices (Pannell et al., 2006); observing actual adoption behaviour of land managers for the relevant practices, with and without extension and/or incentive payments; and talking to farmers and local experts. An additional option could be to conduct a conservati
